Ukraine-Russia Crisis

Germany on Wednesday triggered the first level of its emergency plan for natural gas as Russia continues with mixed messaging about whether it could require payment in rubles for deliveries to Europe. Germany’s Federal Ministry for Economic Affairs and Climate Action took a precautionary step and initiated the first early warning level of its emergency…

Russia’s invasion of Ukraine has increasingly cast U.S. liquefied natural gas (LNG) producers in a spotlight that could incentivize the next wave of investment in American exports, according to industry experts. The war in Ukraine and resulting sanctions on Russia have tested global energy supply lines, especially in Europe. As the continent’s reliance on Russian…

The oil and natural gas industry praised the Biden administration Friday announcement of a joint U.S.-European Union (EU) task force to increase liquefied natural gas (LNG) supply to Europe. The White House said it would seek to expedite approvals of pending LNG export projects, a move long advocated by the industry, in order to help…

The United States has a chance to deliver on its pledge to move more liquefied natural gas (LNG) to Europe, but it won’t be easy in a tight global market that is expected to be short on supplies in the coming years. The White House and European Commission offered few specifics about how the U.S…

The White House on Friday pledged to expedite approvals for liquefied natural gas (LNG) projects and coordinate additional LNG supplies to Europe to end the continent’s dependence on Russian fossil fuels by 2027. The objective is part of a joint task force established by the United States and European Commission (EC) in response to Russia’s…

The White House on Friday pledged to expedite approvals for liquefied natural gas (LNG) projects and coordinate additional LNG supplies to Europe to end the continent’s dependence on Russian fossil fuels by 2027. The objective is part of a joint task force established by the United States and European Commission (EC) in response to Russia’s…

The natural gas market was awaiting word from President Biden on Thursday on plans to direct additional liquefied natural gas (LNG) supplies to European Union (EU) countries to curb their dependence on Russian gas imports. President Biden reportedly was due to make an announcement Friday during his trip to Europe. The president was in Europe…

The global natural gas market was once again flung into chaos Wednesday after Russian President Vladimir Putin reportedly said he would only accept payments in rubles for supplies of the fuel from “unfriendly countries” such as those in the European Union (EU).  The European benchmark Title Transfer Facility surged after Putin’s remarks at a government…

U.S. crude production was flat last week, as it has been throughout 2022, even as the Russia-Ukraine conflict drags on and global supply worries intensify. Output for the week ended March 18 held at 11.6 million b/d, even with the prior week and a month earlier, the U.S. Energy Information Administration (EIA) said Wednesday. American…